January 1 could be interesting thanks to congress.

[BobC]

Originally Posted by mrreality68

Great information

Thanks and appreciated

This is where the CPA’s make their money

Correction Jeff, this is where they EARN their money!!! LOL

[Dead-Ball-Hitter]

Originally Posted by BobC

Correction Jeff, this is where they EARN their money!!! LOL

Bob C, thanks for your many posts on this topic. Many of us want to be tax-paying, law abiding citizens. Of course, we also like to limit our liability when its legal to do so!

[Leon]

I think the 1099s that are coming have affected a lot of small time collectors, who also sell, from doing it as much. Heck, I might even get a PayPal 1099 for taking some money from small advertisers. I already get them from the bigger ones too, of course. Just pay the taxes and no worries.
As for cards, I get taxed on them and just use that as part of my cost basis...

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